Michigan igaming revenue hits record $260.5 million in March

In March, Michigan’s online gambling sector witnessed a noteworthy 6.7% increase in revenue, achieving an all-time high for igaming, despite a noticeable downturn in the sports betting market.

The total revenue generated from online gambling reached an impressive $293.5 million (£219.4 million/€255.1 million). This figure not only surpasses the revenues recorded in March of the previous year but also reflects a 9.3% increase over the $268.5 million reported in February 2025.

Data released by the Michigan Gaming Control Board indicates that adjusted gross receipts, following promotional expenditures, hit $260.7 million. This figure represents a 17.9% increase compared to March 2024 and is 10.3% higher than February’s numbers.

Michigan Sets New Igaming Record

March’s igaming revenue soared to $260.5 million, eclipsing the previous record set in January by 5% and marking a remarkable 20.9% increase from the same month last year.

Adjusted gross receipts from igaming activities amounted to $246.1 million, a new milestone that reflects a substantial year-on-year growth rate of 26.5%.

In this competitive landscape, BetMGM and MGM Grand Detroit reclaimed the lead, achieving $69 million in total igaming gross receipts. Their partnership also generated $64.8 million in adjusted gross receipts.

Following closely behind, FanDuel and MotorCity Casino, who dominated the previous month, reported gross receipts of $68.1 million and adjusted gross receipts of $64 million. DraftKings and the Bay Mills Indian Community rounded out the top three, posting gross receipts of $41.1 million with adjusted receipts at $38.7 million.

Tax contributions from the state’s igaming totaled over $50.5 million, while the city of Detroit benefitted from $13.1 million in revenue from commercial operators. Tribal operators also contributed $6 million to the governing bodies.

March Sees Decline in Sports Betting Revenue

On the other hand, the sports betting sector reported a downturn, with gross receipts descending to $33 million, representing a 21.2% year-on-year decline. Similarly, adjusted gross receipts fell sharply by 45.3% to $14.6 million.

Players wagered a total of $475.1 million on sports, which is a decrease of 4.5% from the previous year. The monthly hold in Michigan stood at 6.95% based on gross receipts and 3.07% on adjusted gross receipts.

FanDuel and MotorCity Casino maintained their position as leaders in the sports betting market, generating $14.1 million in gross receipts from a handle of $179 million, resulting in a hold of 7.88%.

DraftKings and the Bay Mills Indian Community secured the second position with $9.5 million from a $129 million handle, achieving a hold of 7.36%. BetMGM and MGM Grand Detroit ranked third, amassing $3.9 million from $70 million, yielding a 5.57% hold.

Tax payments from sports betting to the state totaled $874,052, while the city of Detroit received $281,974 from these activities.

Declining Revenue for Detroit’s Casinos

Additionally, the gaming board disclosed revenue figures from Detroit’s three commercial casinos. Total revenue for March was recorded at $117.4 million, a decline of 5.3% compared to last year, though it marked an 18.8% increase from February.

Revenue from table games and slots contributed $116.8 million, down 4.5%, with qualified adjusted gross receipts plummeting by 64.3% to $571,216, resulting in a hold of 4.72% based on $12.1 million in wagers.

MGM Grand Detroit continued to dominate the market with a substantial share of 46%, followed by MotorCity at 31%, and Hollywood Casino at Greektown with 23%.

In terms of tax contributions, the casinos collectively paid $9.5 million in state gaming taxes and $13.9 million to the city of Detroit. Additional tax contributions included $21,592 for retail sports betting to the state and $26,390 to Detroit.